25,717 Shares in AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) Bought by Powell Investment Advisors LLC

Powell Investment Advisors LLC purchased a new position in AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 25,717 shares of the company’s stock, valued at approximately $162,000. Powell Investment Advisors LLC owned about 0.15% of AdvisorShares MSOX 2X Daily ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of MSOX. IMC Chicago LLC purchased a new stake in AdvisorShares MSOX 2X Daily ETF in the first quarter worth about $701,000. FNY Investment Advisers LLC purchased a new stake in AdvisorShares MSOX 2X Daily ETF in the fourth quarter worth about $240,000. Finally, Integrated Advisors Network LLC purchased a new stake in AdvisorShares MSOX 2X Daily ETF in the third quarter worth about $116,000.

AdvisorShares MSOX 2X Daily ETF Stock Performance

AdvisorShares MSOX 2X Daily ETF stock traded down $0.73 during trading hours on Friday, reaching $2.78. The stock had a trading volume of 3,967,510 shares, compared to its average volume of 1,907,851. The business’s 50 day moving average price is $4.03 and its 200-day moving average price is $4.67. AdvisorShares MSOX 2X Daily ETF has a 52 week low of $2.02 and a 52 week high of $8.11.

AdvisorShares MSOX 2X Daily ETF Company Profile

The Advisorshares Msos 2x Daily ETF (MSOX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-fund that seeks to achieve 2x the daily total return of the AdvisorShares Pure US Cannabis ETF (MSOS) through swap agreements. MSOX was launched on Aug 23, 2022 and is managed by AdvisorShares.